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Case Status:    DISMISSED    
On or around 12/16/2015 (Notice of voluntarily dismissal)

Filing Date: December 07, 2015

According to the law firm press release, the complaint alleges that throughout the Class Period, defendants made false and/or misleading statements regarding, among other things, the Company’s revenue recognition practices, key accounting metrics, and its internal controls. On November 30, 2015, Identiv announced that its independent public accounting firm resigned and that the accounting firm was unwilling to be associated with the consolidated financial statements prepared by management for the 2015 fiscal periods. On this news, the price of Identiv common stock fell 15.59%, from a closing share price of $2.95 on November 30, 2015 to $2.49 per share on December 1, 2015 on extremely heavy trading volume.

This case was voluntarily dismissed on December 16, 2015.


Sector: Technology
Industry: Computer Peripherals
Headquarters: United States


Ticker Symbol: INVE
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data

"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: N.D. California
DOCKET #: 15-CV-05583
JUDGE: Hon. Lucy H. Koh
DATE FILED: 12/07/2015
CLASS PERIOD END: 11/23/2015
  1. Punzalan Law, P.C.
    600 Allerton Street, Suite 201, Punzalan Law, P.C.
    650.362.4150 650.362.4151 ·
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